Vivakor closes $12M institutional convertible note offering, enters $100M equity line

Vivakor, Inc.

First closing of $6M received; second $6M tranche pending; total gross proceeds $12M from convertible notes with $15M principal (20% OID).
Notes convertible at greater of $0.37 or 80% of lowest 5-day VWAP; conversion capped at 4.99% beneficial ownership unless waived.
Entered $100M standby equity purchase agreement (SEPA) with 36-month term; shares sold at 94% of lowest 3-day VWAP.
Net proceeds for working capital, debt reduction, and commissioning of RPC in Houston, Texas.
Placement agent RBW Capital Partners received $540K cash fees and $100K legal fees.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Vivakor, Inc. entered into Standby Equity Purchase Agreement with one of the Investors valued at up to $100,000,000 (effective 2026-05-07).

Action: entry
Agreement: equity purchase
Counterparty: one of the Investors
Value: up to $100,000,000
Effective: 2026-05-07

Exact text from the filing

on May 7, 2026, the Company entered into a standby equity purchase agreement (the “SEPA”) with one of the Investors (the “SEPA Investor”), under which the SEPA Investor has committed to purchase from the Company up to $100,000,000 of shares of the Company’s common stock in an equity line of credit (the “Equity Line")

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Vivakor, Inc. entered into Securities Purchase Agreement with certain institutional investors valued at up to $12.0 million (effective 2026-05-08).

Action: entry
Agreement: equity purchase
Counterparty: certain institutional investors
Value: up to $12.0 million
Effective: 2026-05-08

Exact text from the filing

On May 8, 2026, Vivakor, Inc. (the “Company”) closed the first tranche of a transaction with certain institutional investors (the “Investors”) under the terms of a Securities Purchase Agreement (the “SPA”) to issue and sell to each of the Investors promissory notes (the “Notes”), for aggregate gross proceeds to the Company of up to $12.0 million (the “ Purchase Price")

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38 material agreements filed in the last 30 days. Browse all material agreements →

Vivakor, Inc. filing history →

Source: SEC EDGAR

accession 0001829126-26-005245

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